Tuesday, May 10, 2005

moi on rediff.com: 100 million telephones

May 9th

liberalization is good for india. the planning commission is not. it had on it creeps like raj krishna, 'famous economist', whose only claim to fame was inventing the casually racist term 'hindu rate of growth'. as you know, yours truly is now a 'famous economist' because i invented the accurate term 'nehruvian rate of growth', that which the nehruvian stalinists imposed on india all these years, and ae well on the way to achieving again. they will shortly bring down the GDP growth rate to 3% again.

this is like goats. the natural environment for goats is dry, barren, scrubland. wherever you take goats, even if it's a lush meadow, they graze so destructively, by ripping up plants to the roots and hurting the soil with their sharp hooves, that they will turn it into dry, barren, scrubland.

similarly you give marxists and nehruvian stalinists a fast-moving economy, they will convert it rapidly into a 'nehruvian rate of growth' economy. that is the only kind in which they can perpetuate poverty and be the lords thereof. that is the only kind of economy they know.

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